Availment of exemption

[RAMESH ANANTHAKRISHNAN]

We are producing Nylon Multifilament yarn of various deniers comes under Chapter 54. Earlier the same was listed in 54041000. We are availing exemption Notification No. 30/2004-CE dated 09.07.2004. Now the Excise authorities asked clarification about the exemption. We understand that the product is to be classified under 5402 19 90. Kindly advise whether we can avail the exemption notification for 5402 19 90.

AI Summary

Company Seeks Excise Exemption for Nylon Yarn Under Notification No. 30/2004-CE; Reclassification to 5402 19 90 Discussed. A company producing Nylon Multifilament yarn, previously classified under tariff code 54041000, seeks clarification on availing an excise exemption under Notification No. 30/2004-CE. The company believes the product should now be classified under 5402 19 90. A respondent advises that if the yarn matches the description in entry no. 7 of the notification, specifically for Nylon Filament yarn of 210 deniers or multiples with a 6% tolerance, the exemption can be claimed.